Determinants of bank efficiency during unstable macroeconomic environment: Empirical evidence from Malaysia
نویسندگان
چکیده
منابع مشابه
Determinants of bank efficiency during unstable macroeconomic environment: empirical evidence from Malaysia
The present study investigates for the first time the efficiency of Malaysian banking sector around the Asian financial crisis 1997. The efficiency estimates of individual banks are evaluated by using the Data Envelopment Analysis (DEA) approach. To examine the robustness of the estimated efficiency scores under various alternatives and to differentiate how efficiency scores vary with changes i...
متن کاملDoes Foreign Banks Entry Fosters Bank Efficiency? Empirical Evidence from Malaysia
The impact of foreign banks entry on the banking sector has been well documented in the literature. However, these studies have been confined to the conventional banking sector. On the other hand, virtually nothing has been published in respect to the impact of foreign banks entry on the Islamic banking sector. The purpose of the present paper is to provide new empirical evidence on the impact ...
متن کاملDeterminants of bank efficiency: Evidence from a semi-parametric methodology
In this paper, we use a semi-parametric two-stage model to examine the effect of bankspecific, industry-specific and macroeconomic determinants of bank efficiency. This method, proposed by Simar and Wilson (2007), relaxes several deficiencies of previous two-stage analyses, which regress non-parametric estimates of bank efficiency on exogenous determinants. In particular, we propose a bootstrap...
متن کاملThe Determinants of Loan Contracts to Business Firms Empirical Evidence from a Private Bank in Vietnam
This paper deals with loan contracting from a private bank in Vietnam. We focus on the main loan contract features that the bank uses in lending to business firms, namely loan maturity, collateral and loan interest rate. Based upon the simultaneous equation model of Dennis et al. (2000) and the bank’s loan contracting policies, we examine the possible interdependency of the three different loan...
متن کاملSophisticated Trading and Market Efficiency: Evidence from Macroeconomic News Announcements
This paper studies how the views of sophisticated traders are impounded into stocks and bonds around macroeconomic news announcements. I find evidence that sophisticated traders trade on predictions of macroeconomic news reports before announcements and obtain their informational advantage using public information. Specifically, consensus forecasts of upcoming data releases suffer from anchorin...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Research in International Business and Finance
سال: 2009
ISSN: 0275-5319
DOI: 10.1016/j.ribaf.2008.07.002